Q: IPO lecture & readings
What is the difference between primary and secondary offering?
What is the difference between primary and secondary listing? What kind of factors the company should consider when selection suitable locations for either of them?
Why companies go public? Name at least 3 reasons and provide explanations to each.
What kind of drawbacks may accompany listing? Name at least 3 reasons and provide explanations to each.
Why investors are interested in participating in IPOs? Name at least 2 reasons.
What characterises a good IPO candidate firm? Name at least 3 reasons.
Why companies use lock-up periods in IPO process and what do these entail?
How does red herring prospectus differ from the ordinary prospectus?
What is offering circular?
What is the obligation of a bookrunner in IPO process?
What factors companies should consider when selecting underwriter? Name at least 3.
In which ways does a “best effort” contract differ from “firm commitment”?
For which purpose companies use greenshoe options?
Who are part of the IPO banking team? Name at least 3 participants.